LAND OF OPPORTUNITY

Final 2025 Multifamily Housing Bond Program Application Instructions - Effective 01.01.2025

If applying for the Multifamily Bonds program only, the Bond Rules outline the information that must be provided as part of the application process. Use OHFA's Tax Credit Application if applying in conjunction with 4% tax credits.

If applying for both Multifamily Bonds and 4% Tax Credits, the Affordable Housing Tax Credit Application constitutes the Bond Application. Contact our team of professionals to apply.

2022 Multifamily Bond Rules - Final

Underwriter:
Raymond James
Mark O'Brien
5956 Sherry Lane, Suite 1900
Dallas, TX 75225
214.365.5524

Financial Advisor:
Caine Mitter & Associates Incorporated
Bronson Martin
225 West 35th Street, Suite 900
New York, NY 10001
212.686.8820

Legal Services Provider:
Dinsmore & Shohl LLP
Sujyot S. Patel
255 East Fifth Street, Suite 1900
Cincinnati, OH 45202
513.639.9256

Corporate Trustee Bank:
Bank of Oklahoma
Carrie Kennedy
9520 N. May Ave., 1st Floor
Oklahoma City, OK 73120
405.936.3937

Issuer's Counsel:
Riggs Abney
James C. Orbison
502 West Sixth Street
Tulsa, OK 74119
918.587.3161

The Oklahoma Affordable Housing Act of 2014  authorizes OHFA to award Oklahoma Affordable Housing Tax Credits to developments placed in service after July 1, 2015.

State Tax Credits are equal to the Federal Tax Credits amount received by the development and may be used in conjunction with either 4% or 9% federal tax credits. State Tax Credits are made available to projects located in all Oklahoma counties with these stipulations:

• $2 million of the State Tax Credits will be available to applicants applying for 4% Tax Credits and Bond Financing in the first round funding period for new construction
• $2 million of the State Tax Credits will be available for 9% Tax Credits for new construction

Any State Tax Credits remaining after the first round funding period will be available to 4% and 9% Applications in the second round funding period, with priority going to 4% Applications.

2023 4 Percent Tax Credit Awards

2022 4 Percent Tax Credit Awards

2021 4 Percent Awards

2020 4 Percent Awards

2019 4 Percent Tax Credit Awards

2018 4 Percent Tax Credit Awards

2017 4 Percent Tax Credit Awards

2016 4 Percent Tax Credit Awards

2015 4 Percent Tax Credit Awards